Morning journal and courier., 1887-01-31
REAL ESTATE.

Summary of Business D0ne In $50
The Eighth Ward Ahead of Them
AlI-Real Estate Business L1veI1er
Than In Any Year Since 1873.
The Real Estate Record is out with an in
teresting summary of what was done last
year in the real estate line. It says that the
total amount invested in buildings in 1886
was 81 ,314, 200, as follows: Permits issued
by the fire marshal and commissioner, ST.
226, 200; burned buildings rebuilt, s35. 900;
other buildings for which no permits were
issued, about $50, 900. This amount exceeds
by $97, 1926 the estimate for 1885, is $29S, $50
greater than the year 1884, and exceeds by
amounts varying from $500, 900 to $500, 900
every year back to 1878 and comes within 3d.
$50 of that prosperous year. Another point
which should be taken into consideration
as showing the marked increase over the
year 1885 is that nearly 5000, 900 of the
amount for that year was for college build
ings and in 1886 there were no college build
ings.
Permits for 407 new buildings were issued
by the fire marshal. Of these buildings 303
were of wood and 104 of brick and contained
81 stores and SAG tenements, or accommoda-
tions for 5000 people. The number of
is as follows: First ward, 81 buildings, cost
STAG, $50; Second ward, %, $64, $50; Third
ward, SO, $S5, 100; Fourth ward ,6S, $3.50, $50;
Fifth ward, IA, $106,000 Sixth ward, Is,
$72, 200; Seventh ward, 20, $78, 450; Eighth
ward, 60, $241, 750; Ninth ward, "a, $95, 300;
Tenth ward, 20, $96, 100; Eleventh ward, 90,
$35 $50; Twelfth ward, AZ, SOL $50.
Building in 1886 was of a better class than
In 1886, the brick buildings having increas-
ed fifteen, and the frame dwellings decreased
twenty one. There were not SO many dwell
ings erected in the year as in 1885, as in that
year the market was well flooded with tene-
ments; but more stores and factories were
built. People are beginning to see the de-
mand for conveniently arranged fats in cen
trail localities and more apartment houses
have been built than ever before. The
styles of architecture have greatly improved,
although the general tendency is to build
everything plain and solid.
In 1885 there were more buildings erected
in the Ninth ward than in any other. In
1886 this ward is third in the number of
buildings crested, and fourth in the amount
invested. A large number of lots in the
Oyster Point district have been built upon,
and they are fast filing up with attractive
homes. Their nearness to the Consolidated
railroad depot makes it desirable location
for the employees both on the road and in the
shops. The natural att activeness of Howard
avenue and the surrounding streets invites
location in that vicinity.
The banner ward this year il the Eighth
which show an unprecedented gain over 1885,
in which year nineteen buildings were erect
ed, while in 1886 there were sixty. Building
in this ward has been of an exceptionally
good class, as is evidenced by the cost of the
buildings This is due to the large number
of handsome dwellings erected on Orange
street, and also on other streets in the vicini-
ty of East Rock Park. State and Orange
streets, in this ward, show larger growths
than any other single streets, eighteen build-